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The Economic Collapse

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Search Results for: Michael Snyder

Goodbye Middle Class: Half Of All American Workers Make Less Than $43,222.81 A Year

November 4, 2024 by Michael

It is that time of the year again.  The Social Security Administration has finally released the final wage statistics for 2023, and they are quite sobering.  According to the report, last year the “median wage” in this country was just $43,222.81.  In other words, half of all American workers made less than $43,222.81, and half … Read more

A “Lockdown Economy” Without The Lockdowns: 48 Percent Of U.S. Small Businesses Couldn’t Even Pay Their Rent Last Month

November 3, 2024November 3, 2024 by Michael

When nearly half of all small businesses are struggling so much that they can’t even pay their rent, you have an enormous economic crisis on your hands.  The last time that we witnessed anything like this was during the peak of the COVID pandemic, but here in 2024 we don’t have a major global health … Read more

Every Time Something Major Happens, It Is An Excuse For Rioting, Looting And Violence

October 31, 2024 by Michael

We live at a time when it is expected that chaos will follow virtually every big event.  In the aftermath of Hurricane Helene, there was looting.  In the aftermath of Hurricane Milton, there was looting.  The war in the Middle East has sparked wild protests and riots all over the country this year.  And even … Read more

Alert! Here Are 8 Major Election Developments That Everyone Needs To Know About

October 30, 2024 by Michael

Can you believe that we are less than a week away from Election Day?  Over 57 million Americans have already voted, and in some states more than half of the total expected vote is already in.  So it may already be too late for a last minute surprise to alter the outcome of the election. … Read more

Absolutely Massive Food Bank Demand In The Swing States Of Pennsylvania, Michigan And Wisconsin

October 29, 2024October 29, 2024 by Michael

The economy is the number one political issue in America right now, and it isn’t because the economy is doing well.  The long-term economic collapse that I have been writing about for years is playing out right in front of our eyes, and it is going to have an enormous impact on the outcome of … Read more

It’s War! Iranian Leaders Vow Revenge With “No Limits” After Israel Bombs Iran

October 27, 2024October 27, 2024 by Michael

Things are about to get very interesting in the Middle East.  The Israeli strike on Iran that we have been anticipating has finally happened, and now Iran is warning that there will be “no limits” in how it responds to that attack.  In other words, we are on the brink of the sort of all-out … Read more

On The Wrong Track: This Is What An Imploding Economy Looks Like

October 23, 2024 by Michael

One of the main reasons why Americans are in such a foul mood right now is because the economy is in really bad shape and it just keeps getting worse.  This is very good news for the Trump campaign, because most Americans don’t want things to remain the same.  A desire for change is in … Read more

The Early Voting Numbers Contain Some Very Troubling News For One Presidential Candidate

October 22, 2024 by Michael

Early voting numbers are starting to come in from all over the nation, and I am absolutely astounded by what we are witnessing so far.  In previous cycles, Democrats have dominated early in-person voting and vote-by-mail, and Republicans have dominated in-person voting on the day of the election.  Experts had expected to see the same … Read more

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